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Oil, Rockets and Feathers (Part 3 – A Tale of 2 Margins)

The oil industry can be analysed from the perspective of supply chains. Looking deeper, we can see that interactions between the various suppliers result in double marginalisation of oil prices. What is that and does it contribute to the Rockets and Feathers effect?

Oil, Rockets and Feathers (Part 2 – The Dummies’ Explanation)

I continue from my previous article about the Rockets and Feathers hypothesis for retail petrol prices. You may be surprised to know that some simple Economics’ concepts are sufficient in explaining CCCS’ observations on the retail petrol market.

Oil, Rockets and Feathers (Part 1 – Background)

There has long been suspicion amongst the general public in Singapore that retail petrol prices, like many other consumer goods’ prices, are “sticky” downwards, even when crude oil prices fall. Is this true?

Of Fed’s Interest Rate Cut and COVID-19.

The COVID-19 virus poses a huge economic risk to the USA, and the Federal Reserve has responded with a whopping 0.5% cut to the interest rate. Will this adventurous expansionary measure help matters?

4 Bite-Sized Reasons Why Deflation Can Be Bad.

Why do the standard Economics texts studiously urge student to avoid deflationary situations? I have compiled 4 very handy points to get students through their exams, so do read on.

The Marshall-Lerner Condition

The Marshall-Lerner condition is often either regurgitated with little understanding, or dropped entirely by students in their exams. This post shows you why this concept is so important and why students ignore it at their own risk.

Proving Comparative Advantage Made Easy

Proving that comparative advantage drives trade is often a painful affair in exams. We show you how it can easily be done with little memory work required.

How Should The Cross Island Line Be Built?

This is a rather real issue in Singapore, appearing in the 2018 “A” level Economics exam. We think we can do better than most “recommended answers” and we are sharing it with you.

4 Hacks to the Foreign Exchange Market

We know how confusing the foreign exchange topic can be for Economics students. So we put together a series of hacks that will ease your life tremendously!

Calculating the GINI Coefficient

Find out about how the very commonly used GINI coefficient is derived – it is actually very simple!

How Fiscal Automatic Stabilising Works

All Economics students know of fiscal policy in demand-management. But they often underestimate its potency as an automatic stabiliser. Read on to find out how to avoid losing in the exam!

Growth Methods Utilised by Firms

How do firms grow? We aim to show that this process isn’t as mysterious as many students imagine it to be.

The Obike Mess: A Market Failure Lesson

oBike’s demise has caused significant inconvenience in Singapore. But it appears that Economics theory would have predicted this outcome and allowed us to avoid such fate.

How CCS Gatecrashed Grab & Uber’s Party

In a rare move, CCS has intervened in the merger between Grab and Uber in Southeast Asia. We analyse the turn of events and shade light on what we have observed so far.

Why Anti-Trust Laws are Difficult to Enforce

Monopolies are often the scourge in Economics. But bringing anti-competitive perpetrators to justice can be very difficult and long-drawn. Why is that the case?

A Quick Guide to Inequality in Economics.

Inequality is often recognised as a side-effect to the Free Market. Yet too little of it has been discussed for most of us to fully appreciate its associated problems.

Government Support for Businesses in Singapore

Have you heard of Enterprise Singapore? Do you know that in addition to being business-friendly, the government has schemes specifically for business support?

The East Asian Miracle: A Quarter-Century on

Nearly 25 years have passed since the well-known World Bank report on the East Asian Miracle was published. So how well has the report stood the test of time?

The Free Market isn’t as Free as you Think.

The Free Market is a fairly new phenomenon, made possible by various institutional support. As society evolves further, perhaps so will the resource allocation system too.

Price Elasticity and Export Strategies for Countries.

Most of us are familiar with how Price Elasticity concepts can advise business decisions. However, the concept of Price Elasticity can also be utilised to explain why countries that diversify their exports tend to do better than if they hadn’t.

What is FDI?

We shed light on FDI and what it means for the host country. We show also that FDI, like many items, can be a double-edged sword.

The Coase Theorem and Externalities

Proposing the Coase Theorem as a solution to externalities in your Economics exam not only gives you a better chance for an “A” grade, but may also prove easier to discuss during exams.

When There Can Be Too Much Savings

Is being thrifty always good? If you had guessed that the answer was “no”, you would have been correct. Savings imbalances can actually destabilise the Economy and cause misery.

The True Cost Of Government Interventions

Government Interventions are not magic bullets with no costs. In our second part discussion about Government Interventions, we seek to understand why students should be wary about using it as the “cure for all ills”.

Getting an Economics Degree at NUS

Do you like Economics at “A” level so much that you are considering a degree in Economics? I was in that position before – and I am about to share with you my experience as an undergraduate at NUS studying Economics.

How To Draw The Marginal Revenue Curve

In most cases, Economics diagrams are not shaped the way they are by chance. A good example is the Marginal Revenue curve. Read this article to find out more about its derivation.

How To Evaluate Government Interventions Easily During Exams

The evaluation of Government Interventions need not be painful for students during exams. There are easy ways to discuss about them easily and this article discusses how they can be achieved in 2 simple concepts.

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